July 27: Opportunity to Participate in New Provincial Condo Rules Discussion

Have your say on new condominium rules

Albertans are invited to attend one of five open-house events to provide feedback on condo governance issues.

Input from those who own, operate, or develop condos will help guide modern, fair laws that protect condo owners and support responsible self-governance of vibrant condominium communities.

“I encourage everyone who owns, manages or develops condos to share their ideas and stories with me. One-quarter of all Albertans live in condos, and it’s important we hear their perspectives as we create fair new rules that work for everyone.”

The Alberta legislature passed the Condominium Property Amendment Act in December 2014. Since that time, regulatory work has been underway to bring more than 50 amendments into force. The first stage of amendments, focused on new protections for buyers of newly built and conversion condominiums, is expected later this year. One of those new protections includes a buyer’s ability to cancel the agreement and get their deposit back if a developer does not finish their condo on time.